Founders shares are usually referred to as deferred shares because the holders?

Founders shares are usually referred to as deferred shares because the holders?
  • A.
    are not entitled to any dividend
  • B.
    receives their dividends before other share holders
  • C.
    are the managers of the company
  • D.
    receive dividends after other shareholders
  • E.
    are entitled to accumulative dividends
Correct Answer: Option D
Explanation
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